Fashion
US’ Tailored Brands names Mike Baughn CFO, elevates Karla Gray to COO
Mike Baughn will join the Company as its new Executive Vice President, Chief Financial Officer (CFO), effective December 1, 2025. Mr. Baughn brings almost 20 years of retail financial experience, most recently with Foot Locker, Inc. where he served as CFO. In that role, he was instrumental in leading the multi-national retailer, including through its successful combination with Dick’s Sporting Goods. He previously spent 15 years in multiple roles at Kohl’s Corporation across FP&A, Sales Analysis, Business Unit Finance and Treasury, completing his time there as Executive Vice President, Finance & Corporate Treasurer.
Tailored Brands announced leadership changes to support long-term growth.
Mike Baughn, with nearly 20 years of retail finance experience at Foot Locker and Kohl’s, will become executive vice president and CFO from December 01, 2025.
The company also elevated Karla Gray to executive vice president and COO, expanding her remit to include supply chain and technology as it advances operational excellence.
On joining the Company, Mr. Baughn said, “I am thrilled about joining Tailored Brands at such an exciting time for the Company. The fundamentals are incredibly strong, and these amazing brands are positioned well for long-term growth.” Adding, “Throughout the process of getting to know the Company and its leaders, it was clear that its values are deeply ingrained in how the team operates and I am ready to become a part of this dynamic organization and its forward momentum.”
The Company is also announcing the elevation of Karla Gray to Executive Vice President, Chief Operating Officer (COO). Ms. Gray joined Tailored Brands in May 2021 as Executive Vice President, Chief Stores Officer. Prior to joining Tailored Brands, she served as VP and GM of North American Factory Stores at Nike. As COO, Ms. Gray will continue to lead the Stores organization, Real Estate and our Customer Contact Center, now adding the Company’s Supply Chain and Technology functions.
Ms. Gray shared, “This is an exciting time for the Company, and I couldn’t be happier to be partnering more closely with the leaders of these functions. Being ‘Better Every Day’ is one of our core values and I believe we have tremendous opportunity to build on what is an incredibly strong foundation as we move into a new era of efficiency and growth.”
Reflecting on these changes, CEO John Tighe remarked, “As our Company looks to the future, our ability to perform with financial and operational rigor will be critical to our success. In Mike we have found someone who not only brings an extraordinary background to be our next CFO, but who is a strong reflection of our Company’s values.” Mr. Tighe went on to say, “And as Karla steps into the role of COO, I am confident she will bring a next level of operational excellence across the enterprise as we open new stores and propel our strategic growth plans.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
North India cotton yarn steady despite continued push by spinners
The Delhi cotton yarn market remained stable, though demand from downstream industries was weak at elevated price levels. Garment demand in both domestic and export markets also remained sluggish. A trader from Delhi market told Fibre*Fashion, “Spinning mills are selling cotton yarn at an additional margin of at least ** per cent. They have a cushion of advance orders from other countries. Mills have export orders for the next *–* months, so they do not need to sell in the domestic market. They are selling cotton yarn domestically at higher prices than export realisations.”
In Delhi, ** count combed knitting yarn was traded at ****;***–*** (~$*.**–*.**) per kg (GST extra), while ** count combed yarn was priced at ****;***–*** (~$*.**–*.**) per kg. Meanwhile, ** count carded yarn was traded at ****;***–*** (~$*.**–*.**) per kg and ** count carded at ****;***–*** (~$*.**–*.**) per kg, according to market sources.
Fashion
Bangladesh, EU sign Partnership and Cooperation Agreement
Bangladesh Foreign Minister Khalilur Rahman and EU High Representative and Vice President Kaja Kallas witnessed the initialling. Rahman was accompanied by Prime Minister’s Foreign Affairs Adviser Humayun Kabir.
Bangladesh and the EU have initialled a Partnership and Cooperation Agreement in Brussels.
Dhaka termed it a forward-looking framework to elevate cooperation across political, economic, development and security domains.
Foreign Minister Khalilur Rahman highlighted predictable market access as a priority and expressed Bangladesh’s interest in advancing talks on an FTA and an investment protection pact.
The PCA is a forward-looking framework to elevate cooperation across political, economic, development and security domains, the Bangladesh Foreign Ministry said in a release.
Both sides reaffirmed their commitment to strengthening the longstanding partnership and expanding collaboration on regional and global issues.
They underscored the need to deepen cooperation in trade and investment, migration and mobility, regional collaboration and humanitarian affairs.
Rahman highlighted predictable market access as a priority and expressed Bangladesh’s interest in advancing negotiations on a free trade agreement and an investment protection agreement, according to a domestic news agency.
Rahman also met Belgium’s Deputy Prime Minister and Foreign Minister Maxime Prevot, and both explored opportunities in trade, investment, connectivity, innovation and multilateral cooperation.
They agreed to hold the third Bangladesh-Belgium consultations in Brussels later this year.
Rahman welcomed more engagement by Belgian businesses in logistics, port management, biotechnology, pharmaceuticals, technology and water management.
Fibre2Fashion News Desk (DS)
Fashion
Vietnam-India seminar boosts textile, leather ties
The discussion brought together policymakers, trade bodies, research institutions and industry stakeholders from India and Vietnam, reflecting growing interest in building deeper bilateral engagement. Participants examined opportunities arising from supply chain diversification, sustainability mandates and the increasing role of digital transformation in manufacturing, according to Vietnamese media reports.
The Vietnam Trade Office in India held an online seminar to boost textile, footwear and leather collaboration amid shifting global supply chains.
Stakeholders highlighted complementary strengths, with Vietnam strong in garments and India in raw materials.
Discussions focused on silk cooperation, investment opportunities and technology exchange.
Upcoming trade fairs and exhibitions were also promoted.
Vietnam’s Trade Counsellor in India, Bui Trung Thuong, noted that both economies complement each other across the value chain. He highlighted Vietnam’s strength in garment production alongside India’s capabilities in raw materials and textiles, suggesting that closer cooperation could support the development of integrated and higher-value supply chains.
He added that the forum aims to encourage direct engagement between businesses and investors to unlock opportunities in technology adoption, investment and sustainable practices.
India’s silk sector emerged as a key area for collaboration. P Sivakumar, CEO of the Central Silk Board, outlined India’s strong research base and global standing in silk production. He identified scope for joint work in silkworm breeding, technology transfer and workforce development, while also pointing to opportunities in value-added applications beyond textiles, including cosmetics and pharmaceuticals. He further encouraged Vietnam’s participation in international sericulture platforms to deepen knowledge exchange.
From an investment standpoint, Invest India representative Aditya Das underscored India’s manufacturing ecosystem and policy support for foreign investors. He observed that complementary strengths between the two countries could drive partnerships in trade, joint ventures and integrated production networks.
Vietnamese representatives echoed interest in expanding technical cooperation. Nguyen Thi Nhai of the Vietnam Sericulture Research Centre emphasised the need for deeper collaboration in post-cocoon technologies, product innovation and training exchanges, while seeking greater institutional linkages with Indian counterparts.
The seminar also highlighted upcoming industry events aimed at fostering business connections. Vietnam will host the 26th International Shoes and Leather Exhibition in Ho Chi Minh City from July 8 to 10, while India’s Bharat Tex 2026 is scheduled for July 14 to 17 as a comprehensive global textile platform. Industry representatives also promoted sector-specific exhibitions such as Meet at Agra 2026 to encourage partnerships.
Fibre2Fashion News Desk (SG)
-
Fashion1 week agoFrance’s LVMH Q1 revenue falls 6%, shows resilience amid Iran war
-
Entertainment1 week agoIs Claude down? Here’s why users are seeing errors
-
Sports1 week agoPSL 11: Peshawar Zalmi win toss, opt to field first against Quetta Gladiators
-
Tech1 week agoCYBERUK ’26: UK lagging on legal protections for cyber pros | Computer Weekly
-
Business1 week agoPepsiCo earnings beat estimates as North American food business improves
-
Sports5 days agoWWE WrestleMania 42 Night 2: Live match results and analysis
-
Fashion1 week agoRaymond unveils luxury Chairman’s Collection Store in Mumbai
-
Sports5 days agoNCAA men’s gymnastics championship: All-time winners list
